Is Manitowoc, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Manitowoc has remained a Seller's Market.
Housing Prices in Manitowoc, WI
How much do homes in Manitowoc, WI cost?
Median Sold Price
$200,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Manitowoc was $200,000 in April 2024, up 5.5% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115.5K | $106K | -8.2% |
2 Bedrooms | $146K | $167.5K | +14.7% |
3 Bedrooms | $191K | $203K | +6.3% |
4 Bedrooms | $232.9K | $221.9K | -4.7% |
5+ Bedrooms | $375.7K | $255K | -32.1% |
Summary: Manitowoc housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 32.1%.
Median Sold Price Compared To Nearby Cities
Manitowoc Rapids | $324.2K | $390K | +20.3% |
Two Rivers | $155K | $165.7K | +6.9% |
Manitowoc | $189.5K | $200K | +5.5% |
Newton | $397.5K | $325K | -18.2% |
Housing Supply in Manitowoc, WI
How many homes are available in Manitowoc, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
88 | 82 | -6.8% |
Summary: The Manitowoc real estate market had 82 homes for sale in April 2024, a 6.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 13 | 9 | -30.8% |
3 Bedrooms | 44 | 41 | -6.8% |
4 Bedrooms | 22 | 23 | +4.5% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Manitowoc housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 30.8%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 23 | -25.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Manitowoc in April 2024, down by 25.8% month-over-month. Of the 23 sold homes, 22% were sold under asking, 17% were sold at asking, and 61% were sold over asking.
Days on Market for Manitowoc, WI
We’re sorry, we don't have information for this market at the moment